STRATEGY STUDIO / PUBLIC DATA EXPLORER

GEORGIA ECONOMIC DEVELOPMENT FOUNDATION INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
GEORGIA ECONOMIC DEVELOPMENT FOUNDATION INC (EIN 58-1549902)
Tax period
2012-07-01 to 2013-06-30
Filed
2014-04-11
IRS object ID
201441019349300909
Schema version
2012v2.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2014-04-11T14:17:08-05:00Timestamp
Tax Period End Date2013-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN581729751EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Metcalf Davis CPAsBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line13340 Peachtree Road NE Suite 2600AddressLine1
CityAtlantaCity
StateGAState
ZIP Code303261089ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN581549902EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1Georgia Economic Development Foundation IncBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlGEORNameControl
Phone4046560470Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1P O Box 1776AddressLine1
CityAtlantaCity
StateGAState
ZIP Code30308ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameJohn MoffattName
TitleChief Financial OfficerTitle
Phone4046560470Phone
Date Signed2014-04-11DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameSusan HillName
PTINP00846200PTIN
Phone4042641700Phone
Date Prepared2014-04-11DatePrepared
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonJohn MoffattNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1P O Box 1776AddressLine1
CityAtlantaCity
StateGAState
ZIP Code30308ZIPCode
FieldValueIRS element (for citing)
Gross Receipts522804GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteN/AWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1984YearFormation
State Legal DomicileGAStateLegalDomicile
Activity Or Mission DescriptionThe Foundation functions as an advocate of economic development for the State of Georgia.ActivityOrMissionDescription
Nbr Voting Members Governing Body3NbrVotingMembersGoverningBody
Nbr Independent Voting Members3NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers3TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year119573ContributionsGrantsPriorYear
Contributions Grants Current Year483256ContributionsGrantsCurrentYear
Program Service Revenue Prior Year7909ProgramServiceRevenuePriorYear
Program Service Revenue CY23169ProgramServiceRevenueCY
Investment Income Prior Year408InvestmentIncomePriorYear
Investment Income Current Year334InvestmentIncomeCurrentYear
Other Revenue Prior Year3500OtherRevenuePriorYear
Other Revenue Current Year16045OtherRevenueCurrentYear
Total Revenue Prior Year131390TotalRevenuePriorYear
Total Revenue Current Year522804TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year0SalariesEtcPriorYear
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year0OtherExpensePriorYear
Other Expenses Current Year272718OtherExpensesCurrentYear
Total Expenses Prior Year0TotalExpensesPriorYear
Total Expenses Current Year272718TotalExpensesCurrentYear
Revenues Less Expenses Prior Year131390RevenuesLessExpensesPriorYear
Revenues Less Expenses CY250086RevenuesLessExpensesCY
Total Assets BOY216975TotalAssetsBOY
Total Assets EOY467061TotalAssetsEOY
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY216975NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY467061NetAssetsOrFundBalancesEOY
Mission DescriptionThe Foundation functions as an advocate of economic development for the State of Georgia.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense272718Expense
Revenue39214Revenue
DescriptionThe Foundation served as conference sponsors for seminars on doing business in the State of Georgia. In addition, the Foundation provided funds for receptions and other costs associated with visiting dignitaries.Description
Total Program Service Expense272718TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip0ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities0ReportOtherLiabilities
Report Fin48 Footnote0ReportFin48Footnote
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required0ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10963NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees0NumberOfEmployees
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members3NbrVotingGoverningBodyMembers
Number Independent Voting Members3NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy0ConflictOfInterestPolicy
Whistleblower Policy0WhistleblowerPolicy
Document Retention Policy0DocumentRetentionPolicy
Compensation Process CEO0CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledGAStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1John MoffattBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number4049624103TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line175 Fifth Street NW Suite 1200AddressLine1
CityAtlantaCity
StateGAState
ZIP Code30308ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (3 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficer
Chris Cummiskey
Chairman1.00X000
Jeffrey S Cashdan
Secretary1.00X000
John Moffatt
Treasurer1.00X000X
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation0TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Government Grants300247GovernmentGrants
All Other Contributions183009AllOtherContributions
Total Contributions483256TotalContributions

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionProgram serviceDescription
Business Code900099BusinessCode
Total Revenue Column23169TotalRevenueColumn
Related Or Exempt Function Income23169RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue23169TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column334TotalRevenueColumn
Exclusion$334ExclusionAmount

Other Revenue Misc OtherRevenueMisc

FieldValueIRS element (for citing)
DescriptionOther revenueDescription
Business Code900099BusinessCode
Total Revenue Column16045TotalRevenueColumn
Related Or Exempt Function Income16045RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Other Revenue16045TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column522804TotalRevenueColumn
Related Or Exempt Function Income39214RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$334ExclusionAmount

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total2800Total
Program Services2800ProgramServices

Advertising Advertising

FieldValueIRS element (for citing)
Total9295Total
Program Services9295ProgramServices

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total5182Total
Program Services5182ProgramServices

Travel Travel

FieldValueIRS element (for citing)
Total89303Total
Program Services89303ProgramServices

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total85816Total
Program Services85816ProgramServices

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServices
Business Meals & Entert7607876078
Reimbursed Expenses42444244

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total272718Total
Program Services272718ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY216975BOY
EOY467061EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY216975BOY
EOY467061EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY
FieldValueIRS element (for citing)
Do Not Follow SFAS117XDoNotFollowSFAS117

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

FieldValueIRS element (for citing)
BOY216975BOY
EOY467061EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY216975BOY
EOY467061EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY216975BOY
EOY467061EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses250086ReconcilationRevenueExpenses
Reconcilation Other Changes0ReconcilationOtherChanges
Method Of Accounting CashXMethodOfAccountingCash
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited0FSAudited
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years828685CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years227581CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years84837CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year130981CurrentTaxYearMinus1Year
Current Tax Year483256CurrentTaxYear
Total1755340Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years828685CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years227581CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years84837CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year130981CurrentTaxYearMinus1Year
Current Tax Year483256CurrentTaxYear
Total1755340Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total650035AmountsSubstContributorsTotal
Public Support Total1701105305PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years3017CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1115CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years932CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year408CurrentTaxYearMinus1Year
Current Tax Year334CurrentTaxYear
Total5806Total
FieldValueIRS element (for citing)
Total Support1761146TotalSupport
Public Support Pertcentage1700.62760PublicSupportPertcentage170
Public Support Pertcent Prior Year0.66980PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (3 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
Form 990, Part VI, Section B, line 11The Board reviews the 990 and all its schedules prior to filing.
Form 990, Part VI, Section C, line 19The Organization makes its governing documents, conflict of interest policy, and financial statements available upon request.
Form 990, Part VIIChris Cummiskey - 75 Fifth Street, NW, Suite 12000, Atlanta, GA 30308. Jeffrey S. Cashdan - 191 Peachtree Street, Atlanta, GA 30303. John Moffatt - 75 Fifth Street, NW, Suite 12000, Atlanta, GA 30308.Contact Addresses for Officers, Directors, Etc